Should Investors Be Selling Kratos Defense \u0026 Security (NASDAQ:KTOS) Stock Following Today’s SunTrust Robinson Humphrey Downgrade?

July 14, 2017 - By Vivian Currie

 Should Investors Be Selling Kratos Defense \u0026 Security (NASDAQ:KTOS) Stock Following Today’s SunTrust Robinson Humphrey Downgrade?

Investors sentiment increased to 2.67 in Q4 2016. Its up 1.31, from 1.36 in 2016Q3. It improved, as 12 investors sold Kratos Defense & Security Solutions, Inc shares while 18 reduced holdings. 31 funds opened positions while 49 raised stakes. 40.18 million shares or 39.44% more from 28.81 million shares in 2016Q3 were reported.

Eam Investors accumulated 858,629 shares or 0.84% of the stock. Blackrock Investment Management Limited Liability Co accumulated 216,291 shares. Rhumbline Advisers has invested 0% in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Glacier Peak Capital Llc has 320,113 shares for 1.36% of their portfolio. Citigroup holds 0% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 58,699 shares. Renaissance Technologies Ltd Liability Com invested in 0% or 278,592 shares. Bankshares Of Mellon Corporation owns 0% invested in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 435,527 shares. Marshall Wace Ltd Liability Partnership holds 0% in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) or 18,203 shares. State Common Retirement Fund reported 41,400 shares or 0% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Pnc Fin Svcs has invested 0% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Parkside Fin National Bank & Trust And Trust reported 5,000 shares. 17,507 are owned by Bnp Paribas Arbitrage Sa. Jpmorgan Chase Com has invested 0% in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Ameriprise Financial Inc invested in 180,696 shares.

Since March 7, 2017, it had 2 insider buys, and 0 sales for $2.11 million activity. $2.00 million worth of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) was bought by CARANO BANDEL L on Tuesday, March 7. Shares for $105,690 were bought by DEMARCO ERIC M on Tuesday, May 30.

Kratos Defense \u0026 Security (NASDAQ:KTOS) Receives a Downgrade

In a research note issued to clients and investors on 14 July, SunTrust Robinson Humphrey announced that they will be downgrading shares of Kratos Defense \u0026 Security (NASDAQ:KTOS) from a Buy to a Hold rating.

Investors sentiment increased to 2.67 in Q4 2016. Its up 1.31, from 1.36 in 2016Q3. It improved, as 12 investors sold Kratos Defense & Security Solutions, Inc shares while 18 reduced holdings. 31 funds opened positions while 49 raised stakes. 40.18 million shares or 39.44% more from 28.81 million shares in 2016Q3 were reported.

Eam Investors accumulated 858,629 shares or 0.84% of the stock. Blackrock Investment Management Limited Liability Co accumulated 216,291 shares. Rhumbline Advisers has invested 0% in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Glacier Peak Capital Llc has 320,113 shares for 1.36% of their portfolio. Citigroup holds 0% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 58,699 shares. Renaissance Technologies Ltd Liability Com invested in 0% or 278,592 shares. Bankshares Of Mellon Corporation owns 0% invested in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) for 435,527 shares. Marshall Wace Ltd Liability Partnership holds 0% in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) or 18,203 shares. State Common Retirement Fund reported 41,400 shares or 0% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Pnc Fin Svcs has invested 0% of its portfolio in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Parkside Fin National Bank & Trust And Trust reported 5,000 shares. 17,507 are owned by Bnp Paribas Arbitrage Sa. Jpmorgan Chase Com has invested 0% in Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). Ameriprise Financial Inc invested in 180,696 shares.

Since March 7, 2017, it had 2 insider buys, and 0 sales for $2.11 million activity. $2.00 million worth of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) was bought by CARANO BANDEL L on Tuesday, March 7. Shares for $105,690 were bought by DEMARCO ERIC M on Tuesday, May 30.

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) Ratings Coverage

Among 6 analysts covering Kratos Defense and Security (NASDAQ:KTOS), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Kratos Defense and Security has $1400 highest and $9.2500 lowest target. $10.75’s average target is -9.97% below currents $11.94 stock price. Kratos Defense and Security had 8 analyst reports since August 29, 2016 according to SRatingsIntel. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Monday, August 29. The stock of Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) earned “Buy” rating by Suntrust Robinson on Thursday, January 19. The stock has “Buy” rating by Canaccord Genuity on Friday, June 9. The rating was maintained by Noble Financial with “Buy” on Wednesday, June 28. SunTrust initiated the shares of KTOS in report on Thursday, January 19 with “Buy” rating. Canaccord Genuity initiated Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) on Tuesday, January 17 with “Buy” rating. Jefferies maintained Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) on Thursday, June 8 with “Hold” rating. SunTrust downgraded the shares of KTOS in report on Friday, July 14 to “Hold” rating.

About 3.24 million shares traded or 181.74% up from the average. Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has risen 142.79% since July 14, 2016 and is uptrending. It has outperformed by 126.09% the S&P500.

Kratos Defense & Security Solutions, Inc. is a technology, intellectual property and proprietary product and solution firm focused on the United States and its allies’ national security. The company has market cap of $1.04 billion. The Kratos Government Solutions segment includes the activities of Defense Rocket Support Services, Microwave Electronics Division, Technical and Training Solutions, and Modular Systems, which provide technology defense solutions, involving services and products, with the focus relating to the nation’s Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance requirements. It currently has negative earnings. The Unmanned Systems segment includes its unmanned aerial, ground, seaborne and command, control and communications system business.

More recent Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) news were published by: Benzinga.com which released: “12 Biggest Mid-Day Losers For Friday” on July 14, 2017. Also Benzinga.com published the news titled: “25 Stocks Moving In Friday’s Pre-Market Session” on July 14, 2017. Globenewswire.com‘s news article titled: “Kratos Announces Acceptance of Advanced Space Radio Monitoring System by the …” with publication date: July 13, 2017 was also an interesting one.

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